The Traderszone Network

Published in TZ Latest News 19 September, 2017 by The TZ Newswire Staff

Norway Wealth Fund Assets Surge To Over $1 Trillion On Massive 70% Allocation To Equities

Last December we joked that the Norwegian sovereign wealth fund had responded to sinking returns and withdrawals required to fund budget deficits by allocating another $130 billion in assets to what appeared to be an already massively overpriced equity bubble in return for an extra 40bps of “expected average annual real returns.” (see: Norway Buying $130 Billion In Global Equities As Sovereign Wealth Fund Continues To Bleed Cash).  The extra equity purc

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